FUNTRADER-Vera

AUDCHF: on its wave 5 down

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
Traders,

AUDCHF is on its wave 5 down.
The end of wave 3 just happen to be FIBO 1.414 of fist wave.
And we draw a channel on this to follow the short trade that possible to go down.
FIBO 1.414 -1.618 is the target zone.

Less is more!
Comment:
this is what we said start of wave 5.
Trade closed: target reached:
And we got target 1 hit with 100 pips for holding 7 days.
Comment:
Patience is worthy
Comment:
still under its wave 5.
Trade closed: target reached:
Final tp hit, with 340 pips.

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